Piper Aircraft Inc. will terminate its business relationship with Czech Republic-based Czech Sport Aircraft to market that company’s Light Sport Aircraft, citing differences in business philosophies.
“After a year working with Czech Sport Aircraft, Piper determined that it is in our company’s best long-term interests to discontinue the business relationship which distributed a Light Sport Aircraft manufactured by the Czech company and distributed under Piper’s brand by a separate distributor network,” said Piper CEO Geoffrey Berger. “Clearly, the company has a different business perspective and approach to the market than Czech Sport Aircraft,” he added.
Wonder where this leaves owners?